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Apple Watch market analysis: Ultra clearly outperforms SE

Milan Jovicic by Milan Jovicic
August 15, 2024 - 18:14 CEST
in Apple News
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Apple Watch Ultra market analysis

Photo by Unsplash / Alek Olson

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The Apple Watch has become one of the most sought-after wearables in recent years. With the introduction of different models such as the Apple Watch Ultra and Apple Watch SE, Apple has created a wide range of options to suit different needs and budgets. Below you'll find out why the Apple Watch Ultra is more popular than the entry-level Apple Watch SE despite its high price.

Choosing the right Apple Watch can be a challenge, especially if you're torn between premium and entry-level models like the Apple Watch Ultra and Apple Watch SE. While the SE version offers an affordable option, the Ultra version has achieved astonishing popularity despite its higher price tag.

Popularity of the Apple Watch Ultra compared to the Apple Watch SE

According to a recent report by Consumer Intelligence Research Partners, the Apple Watch Ultra has surpassed the Apple Watch SE in terms of popularity despite its high price. This may seem surprising at first glance, but a closer look at the features and the market shows why the Ultra version is more attractive to many consumers. The Apple Watch Ultra is designed for users who want to get the most out of their smartwatch, offering advanced features such as a durable titanium case, longer battery life, and special tools for outdoor activities. These features make the Ultra version particularly attractive to athletes, adventurers, and tech lovers who are willing to pay more for additional features. On the other hand, the SE version mainly attracts budget-conscious buyers looking for a solid but basic smartwatch experience. However, with a market share of just 121%, the SE is clearly overshadowed by the Ultra models, which together have a market share of 201%.

Sales figures and market shares of the various Apple Watch models

Apple Watch sales figures paint a clear picture of the current market situation. The Apple Watch Series 9, launched in September 2023 alongside the iPhone 15, is the most popular model with a market share of 43%. This figure highlights that most buyers prefer a balanced mix of price and features. The Apple Watch Series 8, which is no longer sold directly by Apple but is still available at many retailers, follows with a share of 19%. Combined, these two models account for almost two-thirds of all Apple Watch sales in the US, showing that mid-range models are particularly in demand. In comparison, the Ultra models occupy a niche position, despite accounting for 20% of total sales. Interestingly, the Apple Watch Ultra 2 achieved a slightly higher market share than the original Ultra model in June 2024, indicating steady, albeit moderate, demand.

Differences in consumer behavior among Apple Watch models

One notable difference between the Apple Watch models and other Apple products like the iPhone or iPad is in the distribution of market share. While premium models like the iPhone Pro or iPad Pro often account for a significant share of total sales, the Apple Watch has a stronger presence of mid-range models. Apple's strategy of offering a wide range of models at different price points seems to have a slightly different effect with the Apple Watch. Consumers tend to prefer models like the Series 8 and Series 9, while the Ultra models appeal to a smaller market segment despite their advanced features.

Apple Watch Ultra: Niche model with great appeal

In summary, despite its higher price, the Apple Watch Ultra has achieved astonishing popularity, far outperforming the Apple Watch SE. Sales figures show that mid-range models are the most popular with consumers, while the Ultra models serve a niche that is willing to pay more for premium features. So if you're thinking about buying an Apple Watch, carefully consider your priorities and budget to find the model that best suits your needs. (Photo by Unsplash / Alek Olson)

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Milan Jovicic

Milan Jovicic

Milan founded Apfelpatient in 2016 and has been responsible for all editorial content since 2018 — news, rumors, guides, and product reviews. Apple devices here are not test units on loan for two weeks but everyday tools: from the iPhone through MacBook Pro, MacBook Air, and iMac to the Apple Vision Pro, at least one device from nearly every product category is in daily use, many of them replaced annually. Every menu path in a guide is verified on the device before it is published.

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